#TBC# Introduction to TBC (Turing Bit Chain)

1. Economic Model: The total issuance is 2.1 billion pieces, of which 93.3% is permanently locked. The remaining 6.7% (142 million) will be produced through mining, which will take 100 years to mine out, currently producing 42,500 pieces daily. The current market circulation is around 17.5 million, while the actual circulation is only about 12 million pieces. The mining mechanism is the same as Bitcoin, halving every 4 years, and by 2028 the total circulation will be around 65 million pieces, with no further issuance.
2. Technical Features: TBC is the world's first public chain to implement Turing-complete smart contracts based on the Bitcoin UTXO model.
1. Technical Highlights: Ultra-high performance, theoretical TPS (transactions per second) exceeds 13000+, which is 1800 times that of native Bit.
2. Ultra-low fees: The cost of a single transaction is approximately floating around $0.0002, which is only one ten-thousandth of Ethereum fees, and the transaction cost will never be inflated.
3. Ultra-fast speed: On-chain transaction confirmation with zero delay, achieving second-level confirmation, which can meet the needs of high-frequency payment scenarios.
4. Economic Value: TBC currently has a market value of less than one ten-thousandth of Bitcoin, and its future value growth potential is limitless.